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    FOR SALE
    Automotive properties

    3106 Walden Ave, Depew, NY 14043

    2,481 SF 0.38 ac lot Built 1956
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US63-5582353
    Property summary
    AI-generated overview

    This vacant, 2,481-square-foot auto shop building presents a compelling investment or lease opportunity in Depew, New York. Situated on a 0.38-acre lot at 3106 Walden Avenue, this single-story, Class B building boasts a prime location on a high-traffic road with over 21,000 vehicles passing daily. Built in 1968 and renovated in 2022, the property features four bays, including two high-lift bays suitable for larger vehicles, and three lifts plus one drive-on lift. The building is zoned Business 05C and offers ten paved parking spaces. Its strategic location, just 11 miles from downtown Buffalo, places it within a thriving commercial district, benefiting from proximity to major highways and numerous retail establishments including Walden Galleria, Walmart, Wegmans, Sam's Club, Walgreens, Marshalls, Chick-fil-A, and Target. The strong demographics of the area, with over 178,000 people within a five-mile radius, further enhance its investment potential. The property is currently vacant, with an occupancy date of November 11, 2024. This presents a unique chance to acquire a well-maintained, strategically located commercial property in a high-demand market.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 1956
    Total area 2,481 SF
    Lot 0.38 ac (16,657 SF)
    Zoning code 05C
    APN 143003 103.12-15-19.1
    UPID US63-5582353
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • AAMCO Transmissions & Total Car Care Auto Repair Shop
    • 3106 Walden Ave, Depew, NY 14043, United States Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Re Development Associates LLC · 4 yrs held
    Re Development Associates LLC
    since 2022
    Last sale
    $475,000
    2 recorded transactions
    2022
    $475,000
    2004
    $125,000
    Zoning & alternative use
    05C · Depew, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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